I've just invested another million dollars in $SOL at these levels. I'm not someone who relies on charts; my thesis is straightforward: they are actively shipping product, their marketing is undeniable, and despite being fundamentally stronger than ever, they're down over 40% from their all-time highs, making it a significantly undervalued asset in my opinion. My plan is to flip this trade for $1-2 million profit, barring any unforeseen major events.
I have taken a serious interest in $TON (@ton_blockchain) for the remainder of this cycle. It feels a tremendous amount like early $SOL last cycle.
I have acquired some spot $TON & am going to be on the prowl for meme coins & high beta plays to swap into. Let me walk you through it quickly... 👇
- When asked "How I think the next 100 million people get onboarded into crypto?" I have always responded with "Probably through Apple/Android/Google pay."
- These phone companies have the power to place crypto into the hands of billions of people overnight... Telegram has over 900 million monthly users. I am viewing our smart phones as an L1 & Telegram app is like an L2 test pilot for these smart phone conglomerates.
- Stablecoin MC on $TON has been up only since last month. Stable coin MC & L1 price have a positive correlation. I expect this number to keep growing rapidly this quarter.
I'll let you know what high beta $TON shitters I can find to ride through this cycle. If you know of any, please don't be shy & let me know. Ideally something that I can chart, but not 100% required in this instance because it's a young chain.